Berita Terkini

MARKET DEVELOPMENT
22-02-2023

Palm Oil Producers Only Reach 43.56 Percent of DMO Target

21/02/2023 (Tempo.Co), Jakarta - The Indonesian Trade Ministry’s acting director general of domestic trade, Kasan, said the oil palm domestic obligation market (DMO) realization had only reached half of the target. The government has increased the palm oil DMO to 450,000 tons to produce cooking oil sold in bulk and under the Minyakita brand.

OILS & FATS
22-02-2023

KPPU Talks About Hoarding of Cooking Oil Minyakita, Shortage in Markets

21/02/2023 (Tempo.co) - The Business Competition Supervisory Commission (KPPU) chairperson M Afif Hasbullah revealed a number of findings of hoarding of bulk cooking oil in simple packaging dubbed Minyakita reaching hundreds of tons.

MARKET DEVELOPMENT
22-02-2023

Palm oil gains for second week on weaker ringgit

20/02/2023 (Business Recorder), Jakarta - Malaysian palm oil futures hit their highest close in more than six weeks on Friday and posted a second straight weekly gain, supported by stronger rival edible oils on the Dalian exchange and a weaker ringgit.

MARKET DEVELOPMENT
22-02-2023

Palm oil down after three-day rally on weaker rival oils

22/02/2023 (Business Recorder) - Malaysian palm oil futures ended lower on Tuesday on profit-taking after a three-day rally tracking weakness in rival edible oil prices, although concerns over potentially lower production limited losses.

OILS & FATS
22-02-2023

Boustead Plantations ends FY22 with RM1.2bil in revenue

21/02/2023 (New Straits Times), Kuala Lumpur - Boustead Plantations Bhd (BPB) registered a revenue of RM1.2 billion for the financial year December 31, 2022 (FY22) from RM1.1 billion gained in FY21.

MARKET DEVELOPMENT
22-02-2023

Egypt, Malaysia to discuss investment opportunities in palm oil

20/02/2023 (Zawya), Egypt - Minister of Trade and Industry Ahmed Samir has met with a delegation of one of the largest Malaysian companies, which is currently visiting Egypt, to discuss investment opportunities in the field of palm oil.

MARKET DEVELOPMENT
22-02-2023

B35 to Spur 2 Million-Ton Increase in Domestic Palm Oil Demand

19/02/2023 (Jakarta Globe), Jakarta - The B35 policy -- which increases the palm-oil based biodiesel blend from 30 percent to 35 percent -- could increase domestic demand for palm oil by 2 million tons, an industry executive has said.

WORLD
21-02-2023

Quanzhou to procure Malaysian palm oil

A DELEGATION from Quanzhou, China recently met with the Malaysian Palm Oil Board (MPOB) to procure palm oil to fulfil China’s demand for peak food production season in the third quarter of this year (3Q23).

OILS & FATS
21-02-2023

VEGOILS-Palm rises for third day on Dalian gains, stronger crude oil

JAKARTA, Feb 20 (Reuters) - Malaysian palm oil futures rose for a third consecutive session on Monday, tracking strength in rival edible oils in China and crude oil.

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